Regulatory Alerts2012-01-01
Annual General Meetings May 2012
The Bank of Tanzania mandates all community banks to present six key operational reports, covering capital position, profitability, and asset quality, at their annual general meetings. The regulator requires institutions to invite central bank representatives twenty-one days prior to each meeting and submit the accompanying agenda. Additionally, banks must forward the minutes of their 2011 annual general meetings and confirm expected dates for current year gatherings within fourteen days of this directive.
Share